Mexico | Economic liberalism is compatible with the fight against inequality
Published on Friday, February 26, 2021
Mexico | Economic liberalism is compatible with the fight against inequality
The following argument is common: economic liberalism can generate more wealth but it also results in greater inequality, so it should not be the way to go. There is the false notion, ingrained among many leftist parties, that the market economy cannot coexist with redistributive policies.
Key points
- Key points:
- Economic liberalism is understood as a system in which the allocation of resources is not dictated by the State, but by the market through the signals that constitute the price system
- Mexico could (and should) aspire to be a market economy, efficient and progressive
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